MLchartDataset catalogue

Par-value stock

Term · Law · MLC-T-LAW-003643

Shares of corporate stock that have a specific nominal or face value assigned to them in the company's articles of incorporation. This value represents the minimum price at which the stock can be initially sold by the corporation. Issuing stock below its par value can create liability for the shareholders in some jurisdictions.

Table 1. Record
IdentifierMLC-T-LAW-003643
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003643",
  "term": "Par-value stock",
  "field": "Law",
  "definition": "Shares of corporate stock that have a specific nominal or face value assigned to them in the company's articles of incorporation. This value represents the minimum price at which the stock can be initially sold by the corporation. Issuing stock below its par value can create liability for the shareholders in some jurisdictions.",
  "url": "https://mlchart.com/terminology/law/par-value-stock/"
}

Record 3,647 of 5,441 in Law terminology (MLC-0107). Request the full dataset.